1、Assuming no short selling, diversification benefit is most likely to occur when the correlations among the securities contained in the portfolio are:［ 單選題］

A.equal to positive one.

B.less than positive one.

C.greater than positive one.

正確答案:B

答爰解析:"Probability Concepts/ Richard A. Defuse。, CFA, Dennis W. McLeavey, CFA, Jerald E. PI nt。, CFA, and David E. Runkle, CFAWhen we do not reject a fake null hypothesis we have a Type II error.


2、Which of the following obstacles to efficiency least likely leads to overproduction?

A.External costs.

B.External benefit.

C.Common resource.

正嘯答案:B

答案解析:外部成本是指企業(yè)在生產(chǎn)決策中沒有考慮到的對(duì)于社會(huì)的族外成本，比為環(huán)境污染等,應(yīng)該減少產(chǎn)量，此時(shí)企業(yè)產(chǎn)量用過了*生產(chǎn)量，造成了過度生產(chǎn)。外部收拄是指企業(yè)在生產(chǎn)決策中沒有考慮到的對(duì)于社會(huì)的弒外收益，比如凈化空氣等，應(yīng)該增加產(chǎn)量，此時(shí)企業(yè)產(chǎn)量低于了聚優(yōu)生產(chǎn)量，造成了過少生產(chǎn)，公共麥源由于沒有規(guī)范產(chǎn)權(quán)，所有人都可以使用，也會(huì)造成過度生產(chǎn)。

這邊CFA考試題庫和模擬機(jī)考，有需要做題的話可以在線咨詢CFA老師。